Showing 1 - 10 of 15
The paper attempts to investigate the influence of the 1988 Basel Accord on bank behavior and monetary policy. It is argued that the Accord was successful in that it forced commercial banks in all of G-10 countries to maintain higher capital ratios. Tentative research suggests, however, that -...
Persistent link: https://www.econbiz.de/10009958037
import prices and exchange rate movements) or predominantly a function of domestic factors. Our results indicated that money …. Also, short run dynamics based on an error correction model indicated that money supply, exchange rate and income, and in … some countries foreign prices have notable effects on inflation. -- inflation ; exchange rate ; money supply ; expected …
Persistent link: https://www.econbiz.de/10010097696
This study investigated the impact of external debt on economic growth of Tanzania for the period of 1990-2010. The study used time series data on external debt and economic performance. It is assumed that external debt helps developing countries to meet developing needs. While debt servicing...
Persistent link: https://www.econbiz.de/10010148059
In this paper the applicability of the Edmister model for the assessment of credit risk in small and medium sized enterprises (SMEs) was examined by testing the hypothesis that the Edmister model is applicable for predicting financial difficulties of SMEs in Croatia. Data from a data base of...
Persistent link: https://www.econbiz.de/10010185792
This paper aims at providing quantitative analysis of the dynamics of money supply, exchange rate and inflation in … Vector Error Correction Mechanism (VECM). The empirical results confirms that in the long run, money supply and exchange rate … effects on inflationary pressure. The possible justification for the inverse effect of money supply on price level is that …
Persistent link: https://www.econbiz.de/10010058675
The era of US state branching deregulation started in 1970 and ended up with the enactment of the Riegle Neal Act of 1994. One of the purposes of the branching restriction was to avoid bank concentration. The following paper addresses the influence of the state deregulation on commercial...
Persistent link: https://www.econbiz.de/10009959097
This paper analyzes entry deterrence strategies at sequential multi-unit Englishtype repeated auctions, motivated by entry deterrence observed at a series of yearly auctions of fishing rights occurring since the early 1990s in the Chilean Sea Bass industrial fishery. It analyzes parametric...
Persistent link: https://www.econbiz.de/10009959115
The recent crisis of 2008 has revealed several challenges for the economic science, sparking a considerable amount of debate regarding the profession of economists and the role of macroeconomics and monetary policies. The first question that arose was why there was a lack of anticipation of the...
Persistent link: https://www.econbiz.de/10010079775
In this paper we attempt to determine whether the Chinese foreign exchange reserves have been too large. We empirically analyzed the foreign exchange reserves first by using the rate analysis method and then using the cost-profit method. Using the rate analysis method we found that the Chinese...
Persistent link: https://www.econbiz.de/10010009112
In recent years the issue of the role of asset prices in monetary setting has become increasingly topical since booms and busts in asset market are associated with the fluctuations in overall economic activity through its impacts on aggregate spending. In this study, we use Smooth Transition...
Persistent link: https://www.econbiz.de/10010148062